Dolby acquires Millicast for Low Latency Streaming

What They Say

Dolby said that it had bought Millicast, a specialist in real time low latency. The firm says it can support up to 1 million global viewers with ‘sub-second’ latency with broadcast quality video (200-500ms typically). Applications include content creators and broadcasters, auctioneers. The technology is based on the WebRTC peer to peer communication protocol.

Amongst technologies it has developed are a plugin to support real time streams in Unreal Engine (which ties in nicely with our DD on virtual production earlier this week (RGB is Not Enough for Virtual Production). It can also be used to build customised meeting platforms that are ‘Zoom-like’.

What We Think

This news came out on a bad day for Dolby as its share price was hit after a decline in its quarterly results for the quarter to the end of December. However, the firm said that Dolby Atmos and Dolby Vision licence adoption as Samsung went for Atmos in its TVs, while Dell and Asus went for Atmos and Dolby Vision. CE income is just 17% of revenues, with broadcast licensing at 37% and mobile at 23%. PC licensing was 10%. (BR)

Dolby Stock price